Kainantu Resources Ltd.

Kainantu Resources ‘KRL’ is an Asia-Pacific focused gold mining company with three highly prospective gold/copper projects, KRL South, KRL North and the May River Project. All projects are located in premier mining regions in PNG.

Both KRL North and KRL South show potential to host high-grade epithermal and porphyry mineralization, as seen elsewhere in the high-grade Kainantu Gold District. The May River project is in close proximity to the world-renowned Frieda River Copper-Gold Project, with historical drilling indicating the potential for significant copper-gold projects. KRL has a highly experienced board and management team with a proven track record of working together in the region; and an established in-country partner.

KRL recently executed an agreement to acquire the Kili Teke project in the western highlands of PNG.

Kainantu Resources Ltd. is a billboard sponsor of Streetwise Reports and paid a fee for this company profile page. Please refer to the important disclosures below for additional details.

Recent Articles:

News Update

Asia-pacific Focused Exploration Co. Discovers 1.55 G/T Gold, 0.39% Copper, 20.8 G/T Silver

Earlier this month, Kainantu Resources Ltd. reported high-grade initial results from its Ontenu Prospect at KRL South. Read more to see the full results, hear what experts are saying, and find out what the company has planned for the rest of 2023.

Mining Co. With Four Assets Gains Finance Firm's Attention

Research Report
Analyst coverage was initiated on this Canadian mining explorer, which has significant land packages and multimillion ounces of gold in metals-rich areas of Papua New Guinea, noted a Jemini Capital report.

Gold Junior Poised for Breakout

Contributed Opinion
Technical Analyst Clive Maund explains why this junior gold explorer in Papua New Guinea that is gearing up to go far is a Buy in his book.
Tags:  Gold

Analyst Update

Is KRL the Next K92?

This morning Newsletter Writer Bob Moriarty, after not writing about a mining a junior mining stock since early June, published an opinion piece on KRL Resources — and and came out with a buy recommendation on the junior.
Tags:  Base Metals

Junior's Stock Needs 'Booster,' Analyst Says

Contributed Opinion
This junior explorer with mining projects in Papua New Guinea's stock is in a steady uptrend that is in its early stages, analyst Clive Maund says.

Jr. Explorer Adjacent to K92’s Mine Acquires Defined Resource From Harmony Gold Mining

Kainantu Resources' properties surround K92's mine, a massive project with a 4.8 million ounce gold resource in Papua New Guinea. The deal opens the door for large miner Harmony Gold to take a strategic position in the explorer.
Tags:  Gold

More Articles

Expert Comments:

Clive Maund,

"With the sector now deeply oversold, we see that Kainantu Resources Ltd. stock has been under persistent strong accumulation for several weeks, and it looks to be very close to breaking out of a fine head and shoulders bottom that has been accompanied by an exceptionally positive volume pattern. . .the company is therefore rated an immediate Strong Speculative Buy."

Clive Maund,

"It is considered to be in order to buy Kainantu Resources Ltd. stock back, although it will probably be best to buy some here and then wait to see what happens before buying back all that was sold, either buying again at a lower price or once it is clearer that it is set to advance again. . .the news about the company's acquisition was very positive, so the long term outlook for KRL remains bright."

Clive Maund,

"Kainantu Resources Ltd. is to acquire the Kili Teke advanced stage copper-gold project from Harmony Gold, which is a sizeable resource. . .near term, this could be a 'sell on the news' event as the stock is approaching a short-term target. . .it is considered best to take profits and await developments."

Clive Maund,

"Kainantu Resources Ltd. continues to shape up nicely as it gets closer and closer to making serious gains. We should keep in mind that this is a stock with the potential to 'do a K92,' which is hardly surprising as its properties are adjacent to K92's big discovery and Kainantu has a robust treasury, having recently completed an oversubscribed financing, and is working on a drilling program. . .so we stay long and new purchases are in order."

Experts Following This Company

Patrick Smith – Jemini Capital

Company News 

9/14/2023 – Kainantu Resources Closes Acquisition for 100% Control of the Kili Teke Copper-Gold Project

8/29/2023 – Kainantu Resources Filing of H1 and Q2 2023 Results

5/30/2023 – Kainantu Resources Filing of Q1 2023 Results

Important Disclosures
Kainantu Resources Ltd. is a Billboard advertiser of Streetwise Reports and pays a flat fee. Fees fund both sponsor-specific activities and general report activities. Sponsor-specific activities may include aggregating content and publishing that content on the Streetwise Reports site, creating and maintaining company landing pages, interviewing key management, posting a banner/billboard, and/or issuing press releases. The fees also cover the costs for Streetwise Reports to publish and syndicate investment opinion and comments, and also to curate or create sector-specific content. Billboard advertising monthly fees range from $3,000 to $5,000. This landing page contains a summary of the company that was prepared by that company. Some landing pages contain investing highlights and a catalyst calendar that are prepared by that company. The Expert Comments and Experts Following This Company sections of the landing page are compiled by Streetwise Reports. There may be other information about the company that is not placed on the landing page, and Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on the landing page. Readers should conduct their own research for all information publicly available concerning the company. This landing page may be considered advertising for the purposes of 18 U.S.C. 1734.

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2023/9/29 23:41:09


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Streetwise - Kainantu Resources Ltd. Ownership Overview*

Kainantu Resources Ltd. (KRL:TSX.V; 6J0:FSE)

*Share Structure as of 3/27/2023
Investing Highlights
Experienced management team with a long track record of successfully working together
High quality exploration asset portfolio in close proximity to significant and proven Copper/ Gold deposits
Heavily oversubscribed recent capital raising means the company is fully funded for significant exploration and drilling activities throughout 2022 as the company looks to define maiden resources at a number of its projects
catalyst Calendar
Corporate Actions – May River 100% Acquisition Completion
Update on exploration in Tirokave and regional programe
Update on exploration in KRL North
sample results from exploration campaign at Ontenu Project
sample results from exploration campaign at May River Project
Completion of 100% acquisition of Kili Teke Copper-Gold Project